bullish
International Gen Ins Hl Ltd (IGIC) - Tuesday, Oct 17, 2023
SUMMARY
Key points (machine generated)
- Significant investment in insurance companies, particularly niche providers, has been seen since the Covid pandemic.
- The S&P Insurance ETF has outperformed the SPY by 25% over the past 3 years, indicating the success of these investments.
- Despite their growth in intrinsic value, the share prices of many insurance companies are not reflecting this, possibly due to overlooking the potential impact of higher interest rates on future profitability. However, some companies have managed their investment portfolios prudently and are in a favorable position.
This article is sourced from an online content aggregator through publicly available sources and is displayed below for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.
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